- Assist with creation of marketing materials, proposals, and internal approval memos
- Develop pro-forma financial statement models specific to deals with the support from junior actuaries
- Participate in pricing and structuring discussions with client
- Participate in internal discussions for approvals on deals
- Review of legal documents under the guidance of external and internal counsel with supervision from more senior actuaries
- Manage post-close inquiries from client and/or internal stakeholders
- Help develop junior team members to increase the productivity and quality of work and increase the overall team performance
- Bachelor's Degree in Mathematics, Actuarial Science, Economics, Risk Management, Finance, Accounting or Engineering
- 5-7 years of actuarial experience in life insurance industry, investment banking or capital markets
- FSA required
- Strong understanding of annuity products such as DA, FIA, MYGA, VA, RILA, etc. and ability to model annuity products including riders associated with those annuity products such as GMDB, GLWB, GMAB, etc.
- Understanding of annuity statutory and capital accounting regulation such as AG33, AG35, VM21, VM22, C3-P2, etc.
- Financial modeling experience
- Understanding of life and/or annuity reinsurance;
- AXIS modelling skills in annuity
- Pricing and/or valuation experience in annuity
- Comprehensive Medical Plans
- PTO and Family Leave
- Retirement Savings Plans
- Dental and Vision Plans
- Life and Disability insurance
- Employee Assistance Program
- Adoption Assistance
- Wellness Programs - Calm, WW, SoFI, Virgin Pulse
- Commuter Benefits
- FSA and HSA Plans
- Hospital Indemnity, Critical Illness and Accident Plans
-
Munich Re New York, United States Full timeFormed just over 6 years ago, the Financial Reinsurance (FinRe) team has responsibility for marketing, developing, structuring, and executing financial reinsurance deals for our US Life and annuity insurance clients. It's viewed as one of the greatest growth potential areas for t ...
-
Financial and Professional Lines
2 weeks ago
Munich Re America New York, United StatesFinancial and Professional Lines - Financial Institutions Underwriter · **Company** · Munich Re America · **Location** · New York, United States · **Financial and Professional Lines - Financial Institutions Underwriter** · We're adding to our diverse team of experts and are looki ...
-
Aon Corporation New York, United StatesPosting Description: · **Business Development Leader, Reinsurance solutions** · The Business Development Leader supports key strategic and competitive sales opportunities for Reinsurance Solutions - Aon's reinsurance broking solution line - as part of the Global Growth Operations ...
-
Reinsurance - Business Development Executive
3 weeks ago
BMS Re New York, United StatesBMS Group is a dynamic, independent global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk. · As a global brand with ...
-
Aon New York, United StatesThe Business Development Leader supports key strategic and competitive sales opportunities for Reinsurance Solutions - Aon's reinsurance broking solution line - as part of the Global Growth Operations team. · The Global Growth Operations team provides the organisational infrastru ...
-
Vice President and Assistant General Counsel
1 week ago
Global Atlantic Financial Group New York, United States**COMPANY OVERVIEW** · Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm that offers alternative ass ...
-
Data Analyst
1 week ago
Munich Re America Services New York, United StatesData Analyst · Data Analyst · Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities. · We're adding to our diverse team of experts and are looking to hire those who are committed to bui ...
-
Investment Banking Analyst
3 weeks ago
Howden Group Holdings New York, United StatesHowden Tiger is the global reinsurance broker and risk, capital, & strategic advisor focused on relentless innovation & superior analytics for top client service. · About Role · Primary Responsibilities: · An analyst will play an integral role on our teams, providing analytical s ...
-
Risk Strategies New York, United StatesEssential Day-to-Day Duties and Activities · - Answer phones, schedule appointments, and prepare materials for client meetings · - Keep client management systems up-to-date with client information · - Assist with information and documentation requirements for new and existing acc ...
-
Commercial Insurance Renewal Underwriter
2 weeks ago
Chubb New York, United StatesWe currently have a **Commercial Insurance Technology Renewal Underwriter **opening. · This position supports the regional sales and production branches & Chubb Commercial Insurance underwriting goals related to profit, customer service and producer relationships. · - Proven abil ...
-
Compliance Officer
3 weeks ago
Kohlberg Kravis Roberts & Co. New York, United States**COMPANY OVERVIEW** · KKR & Co. Inc., together with its subsidiaries, is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplin ...
-
Email Marketing Manager
2 weeks ago
Chubb New York, United States**This role operates on a hybrid work schedule (3 days in office, 2 days remote), and can be based out of NYC, Jersey City, Whitehouse Station (NJ) or Philadelphia Chubb offices.** · **KEY RESPONSIBILITIES**: · - **Marketing Automation & Integration**:Master the use of marketing ...
-
Business Analyst
2 weeks ago
Swiss RE New York, United StatesOur company has a hybrid work model where the expectation is that you will be in the office two to three days per week on average. · Are you interested in connecting the worlds of Asset Management / Investments and Technology? We are looking for a business analyst working closely ...
-
The Travelers Companies, Inc. New York, United StatesWho Are We? · - Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a cultu ...
-
Head of Cyber Underwriting Management
5 days ago
QBE New York, United StatesPrimary Details · Time Type: Full time · Worker Type: Employee · The Opportunity · As part of the QBE global cyber leadership team, contribute to the development, build, communication and oversight of a globally consistent cyber strategy for product and underwriting, designed to ...
-
Finance Manager
2 days ago
Allied World Assurance Company New York, United States**Finance Manager - SAP** **-** **(**2400002V**)** · **Description** · - Lead in the implementation and integration of the Company's finance and reporting requirements within the SAP platform.- Assist in the development and design of various aspects of SAP solution to the needs o ...
-
North America
1 week ago
WTW New York, United StatesNote: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. · This position can be based in a major U.S. Market and is open to remote/virtual work. · **About ICT** · ICT provides a powerful combination of advisory serv ...
-
Enterprise Risk Analyst
1 week ago
Chubb New York, United States**Responsibilities · - Participate in the compilation of annual Group and legal entity Own Risk and Solvency Assessments (ORSAs). · - Contribute to the production of regular reports and presentations to various executive and Board committees. · - Contribute to the development of ...
-
Underwriter - Primary Construction
6 days ago
Chubb New York, United StatesUnder the direction of the Team Lead and Regional Manager, execute construction business unit strategy for the New York & Pacific Regions. Product line responsibilities include workers' compensation, general liability and auto liability. As a member of the Major Accounts' Constru ...
-
Head of Strategy and Chief of Staff to CEO
3 days ago
AXA New York, United States**Head of Strategy & Chief of Staff to CEO, AXA XL** · United States · **DISCOVER your opportunity** · What will your essential responsibilities include? · - Develop, define, and coordinate the successful execution of AXA XL Strategy by: · - Working in partnership with the CEO, L ...
AVP / Director & Actuary, Financial Reinsurance - New York, United States - Munich Re
Description
Formed just over 6 years ago, the Financial Reinsurance (FinRe) team has responsibility for marketing, developing, structuring, and executing financial reinsurance deals for our US Life insurance clients. It is viewed as one of the greatest growth potential areas for the organization and is staffed with an experienced and diverse team, focused on developing innovative and creative solutions for our clients.As the FinRe Director & Actuary, you'll be exposed to all aspects of the FinRe business; providing you with valuable insight to not only our clients' financing and strategic objectives - but a greater understanding of the industry as a whole. This role's mission is to provide support to financial reinsurance transactions. Support includes, but is not limited to: marketing, developing, structuring, executing and post -close deal maintenance of financial reinsurance transactions.
Your Job
About Munich Re
Founded in 1917, Munich Reinsurance America, Inc. is one of the largest reinsurers in the United States. Munich Reinsurance America, Inc. has earned the A+ (Superior) financial strength rating from A.M. Best Company - that's among the highest in the industry. Over 1,000 employees serve our clients from our Princeton, New Jersey campus and regional offices throughout the United States. As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help you stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.
For New York City based employees, the base salary range anticipated for this position is $194,186 to $271,244 plus an opportunity for an annual company bonus based upon a percentage of eligible pay.
The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.
Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.
